Thursday, 2 October 2014
Last updated 38 min ago
Jun 10 2011 | 2:03am ET
Once tipped for the job himself, Bridgewater Associates' top lawyer headed south to Washington, D.C., to support extending Federal Bureau of Investigation Director Robert Mueller's turn in office.
James Comey, a former deputy attorney general and U.S. Attorney in Manhattan under President George W. Bush, told the Senate Judiciary Committee that is was imperative to keep his friend Mueller on the job for another two years.
"There are bad, and even potentially dangerous, times to change directors, and this is one of them," Comey said. "I no longer have access to threat intelligence, but common sense and the publicly-available information tell me that the combination of the successful raid on bin Laden's compound and the approaching 10th anniversary of 9/11 creates an unusual threat environment."
Mueller took the job shortly before the Sept. 11, 2001, terrorist attacks, and FBI directors are limited to a 10-year term under the law. President Barack Obama has proposed extending his term for two years.
Comey serves as Bridgewater's general counsel. He was reportedly loathe to give up that lucrative gig to take over the FBI.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...